Irish SMEs in Financial Difficulties
New Regulations for Lending to Micro, Small and Medium-sized Enterprises (“SME Regulations”) came into effect on 1 July 2016. Barclays Bank PLC is committed to ensuring its business lending is compliant with these SME Regulations.
If you are an existing Barclays Irish SME customer facing financial difficulty or you anticipate that you may come into financial difficulty in the future, it is vital that you contact us as soon as possible so that we can work with you to fully assess your specific circumstances.
In order to assist our Irish SME customers understand our process for helping customers in financial difficulties, we have produced an information booklet - Standard Information for Micro, Small and Medium Enterprises in Financial Difficulties:
In line with the SME Regulations, Barclays will be keen to work with you to agree a solution that will help you address your specific financial difficulties. Please read the above information booklet fully and contact us should you have any queries, alternatively, a copy of the SME Regulations can be found on the Central Bank of Ireland’s website at the link below: